China's oldest carmaker plans to build an assembly plant in Oklahoma to help revive an English automotive brand — the M-G.

That's right, the first US-built MG since, er, ever will be under the tutelage of new owner Nanjing Automobile, which plans to create a manufacturing plant and parts-distribution hub in Ardmore, Oklahoma. Oklahoma City will host the company's global sales HQ, with the University of Oklahoma hosting a new R&D facility. The company also plans to restart the Birmingham, UK plant shuttered when MG-Rover disintegrated last year. The company intends to reintroduce MG cars in China and Europe before the first model rolls off the assembly line in Ardmore about two years from now.